CryptoWallCity vs MEXC Exchange

Kyber Network soars after integrating with Uniswap v3 and Avalanche Rush Phase 2

One project that has emerged over the past few months is Kyber Network (KNC), a multi-chain cryptocurrency exchange and liquidity hub that aims to provide users with the best exchange rates. Data from Cointelegraph Markets Pro and TradingView shows that after bouncing off $2.83 on April 6, the KNC price surged 55.4% to hit an all-time high of $4.04 on the day. April 8 amid 24-hour trading spiked 253% in volume terms.

3 reasons for KNC’s bullish momentum include integrating support for ten separate blockchain networks, launching a liquidity mining program with Avalanche (AVAX), and expanding partnerships and protocol integrations that help expanding the scope of activities of Kyber Network.

Kyber Network adds multi-chain support

Kyber Network joins Avalanche Rush Phase 2.

KyberSwap, Kyber Network’s main decentralized exchange interface, currently offers trading on ten separate networks, including Ethereum (ETH), Avalanche, Polygon (MATIC), BNB Smart Chain (BSC), Aurora, Arbitrum, Fantom (FTM), Oasis (ROSE), Velas (VLX) and Cronos (CRO).

Interoperability has become one of the key themes driving growth not only in DeFi but in all sectors of the crypto economy as the ability to send assets and data across multiple chains is a feature. needed in the future of DeFi, the NFT field of Metaverse.

Kyber Network joins Avalanche Rush Phase 2

Avalanche is one of the fastest growing Ethereum Virtual Machine (EVM) compatible networks in the crypto ecosystem that has helped attract more users and liquidity to Kyber Network by providing an alternative there are lower fees for Ethereum.

Partners and new protocol integration

On April 7, KyberSwap announced an integration with Uniswap v3 on the Ethereum and Polygon networks, bringing the most active decentralized exchange into the KyberSwap ecosystem. The project also unveiled new partnerships with the Bondex network and Kyber Ventures, the investment arm of Kyber Network.